Shareholders

Con Edison is one of the largest companies in New York State, and plays a major role in the economic development of the New York metropolitan area. We employ more than 14,600 people, purchase goods and services from community-based organizations, and are one of the largest taxpayers in both the city and the state. Our managers identify significant business and operational risks and liabilities to the company, ensuring that they are prudently addressed to minimize their impacts on our performance.

In 2013, we were proud that Con Edison was named one of the top 40 energy company by Public Utilities Fortnightly magazine, a national industry publication. Each year the magazine ranks publicly traded electric and gas companies, naming those that provide the greatest value for shareholders. Con Edison was selected from 82 of the country’s utilities with major assets in energy production, transportation, and retail delivery, plus positive shareholder equity value for the past four years. The magazine measures each utility on financial performance — profitability, dividend yield, cash flow, return on equity, and return on assets — together with a sustainable growth-rate calculation, to produce an overall picture of a company’s value and long-term prospects.